Supreme Court of the State of New York,
2023 NY Slip Op 01786,
filed April 5, 2023
In this marital dissolution case, the Court held
that the trial court was within its discretion
to decide that the plaintiff should not share
or benefit in any value increase subsequent
to the valuation date, despite the fact that
the parties’ neutral business appraiser
testified that the value of the subject units
was $1,126,000 and the defendant subsequently
received a distribution of over $8 million
after the sale of a division of the subject
company.
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